Auto industry integral to India’s great leap forward in 2018

India’s ambition will only grow as the 2017-18 period closes, writes Abdul Majeed, Partner at Price Waterhouse, but incoming emission and safety standards will challenge OEMs of all types

The automobile sector of India is one of the largest in the world, and accounts for over 7.1% of India’s gross domestic product (GDP). It also contributes to nearly 22% of the country’s manufacturing GDP. The industry employs 29 million people, directly and indirectly, and contributes to 13% of the nation’s excise revenue….

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